Source: African Development Bank Group (AfDB) |

African Legal Support Facility trains African lawyers on negotiating deals in key economic sectors

The workshop, co-organized with the African Business Law Firms Association (ABFLA) under the African Legal Support Facility Academy, was held in Accra, Ghana, from 14-15 February, 2019

The African Legal Support Facility (www.AfLSF.org) has completed a two-day workshop for African lawyers and government negotiators, aimed at strengthening their capacity to negotiate complex deals involving investments in key economic sectors. The workshop, co-organized with the African Business Law Firms Association (ABFLA) under  the African Legal Support Facility Academy,…

Source: African Development Bank Group (AfDB) |

African Union Summit: African Development Bank President Adesina holds bilateral meetings with H.M. King of Lesotho and President of Madagascar

Adesina commended President Rajoelina for his recent election and vision for his country

African Development Bank (www.AfDB.org) President Akinwumi Adesina, held several high-level bilateral meetings on the sidelines of the 32nd Ordinary Session of the Assembly of the African Union. Adesina met with His Excellency Andrei Rajoelina, President of Madagascar and His Majesty Letsie III, King of Lesotho. With President Andrei Rajoelina of Madagascar, discussions focused…

Source: African Development Bank Group (AfDB) |

Rwanda: African Development Bank approves €115 million, providing 1.5 million people access to water

The new financing is to scale up the country’s largest water and sanitation sector investment program

The African Development Bank’s (www.AfDB.org) Board has approved additional funding support of €115 million to Rwanda’s Sustainable Water Supply and Sanitation Program, enabling 1.5 million people to access improved, reliable and sustainable water supply services.   The funding will cover strategic cities and address water and sanitation challenges in areas with a low access rate…

Source: African Development Bank Group (AfDB) |

African Economic Conference (AEC2018): Moving the Africa Free Trade Area agreement ahead with quick win solutions

The African Continental Free Trade (AfCFTA) area aims to create a single continental market for goods and services, with free movement of business persons and investments

A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord, but policy makers say there is time enough - and practical solutions - to move the process ahead. The African Continental…

Source: African Development Bank Group (AfDB) |

African Economic Conference (AEC) 2018: Africa must focus on its big resource - its young people, experts urge

Dr. Collier, Professor of Economics and Public Policy in the Blavatnik School of Government at the University of Oxford, was delivering a keynote address at the African Economic Conference 2018, hosted by the African Development Bank in Kigali, Rwanda

Professor Paul Collier, one of the world’s most influential development economists, warns that Africa’s “easy decade” of accelerated economic growth is coming to an end, and only accelerated job creation and integration will ensure sustainable growth and development across the continent. Dr. Collier, Professor of Economics and Public Policy in…

Source: African Development Bank Group (AfDB) |

Africa Economic Conference 2018 focusses on Africa Visa Openness and integration

The annual Africa Economic Conference is the continent’s leading forum fostering dialogue and knowledge exchange in the search for solutions to the development challenges of Africa

For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations of being refused entry to a country because of visas, the end result is to curtail the free movement of people,…

Source: African Development Bank Group (AfDB) |

Media Advisory: 2018 African Economic Conference “Regional and Continental Integration for Africa’s Development”

The Conference is jointly organized by the United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA) and the African Development Bank (AfDB)

What: The 2018 African Economic Conference (AEC) will take place in Kigali, Rwanda, under the theme “Regional and Continental Integration for Africa’s Development”.  The Conference is jointly organized by the United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA) and the African Development Bank (AfDB) (www.AfDB.org). …

Source: African Development Bank Group (AfDB) |

2018 African Economic Conference in Kigali: together for a common purpose to achieve an outcome

The 2018 AEC theme: “Regional and Continental Integration for Africa’s Development” is aligned with the African Development Bank Group’s strategy to promote strong, shared and sustainable growth in Africa

If you have visited Rwanda, no doubt you would have heard of Umuganda, a vast clean-up operation that takes place every last Saturday of the month. The transformative civic operation has gained the country global recognition. Umuganda means “coming together for a common purpose to achieve an outcome.” That is…

Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2018: a new bold vision tilts capital flows into Africa

The Forum highlighted a solid pipeline of projects and wealth of opportunities ready for investors

“Vision is the art of seeing what is invisible to others,” a saying goes. When African Development Bank (www.AfDB.org) President Akinwumi Adesina laid out his vision to tilt the flow of capital into Africa by convening the first transaction-based investment forum, many did not see what was coming ahead. One…

Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2018: African Financial Alliance on Climate Change (AFAC) unveils guiding principles

Its Steering Committee, which provides overall direction and guidance, is constituted to ensure representation by key institutions within the African financial sector

The African Financial Alliance on Climate Change (AFAC) unveiled its guiding principles at the recently concluded Africa Investment Forum (www.AfricaInvestmentForum.com). Launched in June 2018, AFAC aims to increase financial sector participation in climate action, in order to raise the share of investments that support low-carbon and climate-resilient development in Africa. Its…